31987R0380

7. 2. 87 Official Journal of the European Communities No L 36/9

COMMISSION REGULATION (EEC) No 380/87 of 6 February 1987 altering the specific agricultural conversion rates applicable in the rice sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES, whereas the spot market rates for the Greek drachma, the Spanish peseta, the Italian lire and the pound sterling, Having regard to the Treaty establishing the European recorded in accordance with Regulation (EEC) No Economic Community, 3153/85 during the period 28 January to 3 February 1987, Having regard to Council Regulation (EEC) No 1676/85 require the specific agricultural conversion rates appli­ of 11 June 1985 on the value of the unit of account and cable for Greece, Spain, Italy and the United Kingdom to the conversion rates to be applied for the purposes of the be altered pursuant to Article 9 (2) of Regulation (EEC) No 1677/85, common agricultural policy ('), and in particular Article 2 (4) thereof, Having regard to Council Regulation (EEC) No 1677/85 of 11 June 1985 on monetary compensatory amounts in HAS ADOPTED THIS REGULATION : agriculture (2), as last amended by Regulation (EEC) No 90/87 (3), and in particular Article 9 (2) thereof, Article 1 Whereas by Commission Regulation (EEC) No 3294/86 (4), as last amended by Regulation (EEC) No The Annex to amended Regulation (EEC) No 3294/86 is 202/87 (*), specific agricultural conversion rates to be replaced by the Annex hereto. applied in the rice sector were established ; whereas those conversion rates must be altered pursuant to Articles 2 and 3 of Commission Regulation (EEC) No 3153/85 (*) ; Article 2

Whereas Regulation (EEC) No 3153/85 lays detailed rules for the calculation of monetary compensatory amounts ; This Regulation shall enter into force on 9 February 1987.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 6 February 1987. For the Commission Frans ANDRIESSEN Vice-President

[') OJ No L 164, 24. 6. 1985, p. 1 . H OJ No L 164, 24. 6. 1985, p. 6. P) OJ No L 13, 15. 1 . 1987, p. 12. (4) OJ No L 304, 30. 10. 1986, p. 25. 0 OJ No L 22, 24. 1 . 1987, p. 10. ¥) OJ No L 310, 21 . 11 . 1985, p. 4.

No L 36/ 10 Official Journal of the European Communities 7. 2. 87

ANNEX

Specific agricultural conversion rate (or rice

(Regulation (EEC) No 3294/86)

1 ECU = Bfs 47,7950 = DM 2,31728 = Dkr 8,83910 = Dr 169,876 = Pta 165,187 = FF 7,77184 = £ Irl 0,864997 = Lit 1 650,35 = F1 2,61097 = £ 0,842053